Hammond certain UK has capacity to cope with ‘no-deal’

The UK has the fiscal capacity to cope with leaving the European Union without having first secured a deal, Chancellor of the Exchequer Philip Hammond said. When asked about health spending, he explained that voters would have to accept that if they wanted an expanding health service they would have to pay a “little more tax”.

Chancellor Philip Hammond says a no-deal Brexit would "not be a good outcome" as he reinstates his support for the Chequers deal.